Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Berkshire Home Broker to Take Wells Fargo’s Stake in Venture

Don't Miss Out —
Follow us on:

July 25 (Bloomberg) -- HomeServices of America Inc., the real estate brokerage unit of Warren Buffett’s Berkshire Hathaway Inc., agreed to take over Wells Fargo & Co.’s stake in a mortgage-lending business they own together.

HomeServices Lending LLC will become a wholly owned subsidiary of HomeServices of America by the end of 2014, the unit of Omaha, Nebraska-based Berkshire said today in a statement that didn’t disclose terms.

To contact the reporters on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net; Dakin Campbell in New York at dcampbell27@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.